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Habs Salary Cap Info and FAQ's


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#1 dlbalr

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Posted 01 December 2008 - 08:46 PM

Montreal Free Agents:

 

Restricted (Class II): None

 

Unrestricted (Class III):  Francis Bouillon, Douglas Murray, George Parros

 

Unrestricted (Class UFA): None

 

Players will be removed from the list as they sign.

Relevant Links:
2014-15 Cap Calculations
HW Contract Page
Waiver Situation

- Anyone making $375,000 + the minimum salary ($550,000) will count in part against the cap upon a reduction to the minors.  For example, a player making $1.2 million would count as $275,000 on the cap (1.2 M - [375k + 550k]).

Known no-trade clauses:
- Rene Bourque (limited, 10 teams)

- Alexei Emelin (full in 14-15/15-16, limited in 16-17/17-18)
- Andrei Markov (full in 14-15, can be dealt to 12 teams in 15-16/16-17)
- Tomas Plekanec (modified)

- P.K. Subban (NMC, comes into effect when he turns 27)

 

If you have any questions, either PM me or reply to this thread. (As this is a thread for everyone, if there's something you'd like covered, please let me know.) More information will be added throughout the season and as it becomes available. The thread will be cleaned out periodically to keep all relevant information within 1 page.


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#2 dlbalr

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Posted 12 December 2009 - 04:27 PM

50-Contract Situation for 2014-15:

Scorecard
Total committed contracts: 48
+ Restricted Free Agents*: 0
- Potential slide rule players: 5
= Revised total (max 50): 43

 

Legend: Black - under contract, Red - UFA, Blue - RFA, Purple - Needs to be signed for next season or rights lost. SR - Slide Rule, NQC - Non-Qualification Candidate, Crossed out name - player has signed overseas

 

* - excluding players already signed overseas

Forwards:

Sven Andrighetto

Drayson Bowman

Michael Bournival
Tim Bozon

Daniel Briere

Daniel Carr

Connor Crisp

Jacob de la Rose (SR)
David Desharnais

Gabriel Dumont

Lars Eller
Stefan Fournier
Alex Galchenyuk
Brendan Gallagher

Jeremy Gregoire (SR)
Charles Hudon

Manny Malhotra

Michael McCarron (SR)

Jack Nevins
Max Pacioretty
Tomas Plekanec
Brandon Prust

Nikita Scherbak (SR)

Jiri Sekac

Eric Tangradi

Christian Thomas

Dale Weise

Andreas Engqvist

Joonas Nattinen

 

Defence:

Bryan Allen

Nathan Beaulieu

Mac Bennett
Darren Dietz

Davis Drewiske
Morgan Ellis
Alexei Emelin
Tom Gilbert

Sergei Gonchar

Andrei Markov

Magnus Nygren
Greg Pateryn

P.K. Subban

Dalton Thrower
Jarred Tinordi

Mike Weaver

 

Goalies:
Mike Condon

Zach Fucale (SR)

Joey MacDonald

Carey Price

Dustin Tokarski


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#3 dlbalr

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Posted 16 April 2011 - 12:09 PM

What is UFA-VI?

Group 6 free agency is for players who are 25 or older, have played at least 3 pro seasons, aren't on their entry-level deal anymore, and have played less than 80 NHL games (28 GP) for goalies. Andre Benoit and Shawn Belle both qualified for this last season, Cedrick Desjardins (dealt by the Habs before the preseason) will as well.
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#4 saskhab

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Posted 27 September 2011 - 03:52 PM

http://www.broadstre...sion-salary-cap

Finally, a real explaination on suspended players and the salary cap.
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#5 JoeLassister

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Posted 03 July 2012 - 04:33 PM

I found this article but I really don't know where to post it. Kinda cool.

http://business.fina...ily-tax-havens/
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#6 dlbalr

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Posted 19 July 2012 - 01:56 PM

 

All must see a ton of 2012 draft picks being signed lately.
Why are they being signed now, when i assume most dont need to before June 1st, 2014.

Are there advantages to say, signing Galchenyuk today, vs next March when finishing up junior year?
Habs normally wait to sign draft picks, is that a club policy or something?

 

Generally speaking, this has become more commonplace in recent years. There's a cap advantage (albeit a minor one) to signing a prospect and then having them play in junior, referred to as a contract slide as I'm sure you've seen me mention before. Basically, the value of the signing bonus comes off the players' cap for each year they're signed, under 20, and not in the NHL.

Case in point is Brendan Gallagher. He had a cap hit of $900,000 with a max signing bonus ($90,000). Although he signed during the year, it was before the March 1st cutoff (I think that's the date) so he qualified for a slide. As a result, his cap hit is now $870,000 (the difference being the $90,000 bonus divided by the 3 years on the contract); his 'salary' (including bonuses) is 900/900/810.

Also, and this is speculation on my end, agents may be pushing the players to sign especially with talks of extended and only partially guaranteed ELC's (the 5 year proposal only has 2 guaranteed years plus 3 options).


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#7 dlbalr

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Posted 30 July 2012 - 08:10 AM

This is from Habsworld website.

Care to explain the difference between "Limited, partial and modified" Brian ? (or anyone else)


Basically that's the terminology I was given when I got the info. Modified is the popular term now which suggests that it changes throughout the deal whereas limited/partial implies that that it's a fixed restriction that isn't a full one (ie: 5 teams the player can block a move to for the duration of the contract).
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#8 dlbalr

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Posted 06 September 2013 - 10:31 AM

Remember, guys, that this is a salary cap/CBA thread.  Try to make sure that your posts here at least reference something to do with the cap or CBA.  Otherwise, they will be deleted (I clean this thread often to try to keep it to relevant questions/comments and notes).


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#9 dlbalr

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Posted 21 October 2013 - 12:49 PM

Does that mean that some of their bonuses will be counted against next year's cap?  I'm not sure how this stuff works.  Is it the same deal with Iginla in Boston?

 

Any bonuses that they earn are supposed to be counted against the current year cap.  The bonus cushion allows them to carry over that charge into next year (to a max of 7.5% of the cap which the Habs aren't near) if they don't have enough space to absorb it on the current year.  I can't say whether some of the bonuses will go on next year's yet as we don't yet know how much space the Habs will have come April and which bonuses will actually be hit.  This constant roster shuffling is allowing them to bank space to be used either for a later acquisition/recall or to offset against the bonuses (although it's a really, really tiny amount right now).  Hopefully that makes some sense.


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#10 dlbalr

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Posted 21 October 2013 - 02:58 PM

Brian I am confused. I thought ltir gave you the space to replace the guy you lost, so how is it adversely affecting our cap space?

 

You are correct in that it opens up a spot for a replacement by allowing the team to exceed the cap by the amount of the injured player(s).  However, while the team is in LTIR, the cap space that they have saved so far is reduced at the same time (straight-line amortization); the difference is what the LTIR credit is.  Here's the 2011-12 capsheet where this happened, it may be easier looking at a visual example (look at the LTIR tab if it doesn't take you there).

 

Any team that finishes the season while using LTIR has $0 in cap space; if you look at Capgeek, you'll note that any team currently in LTIR (all 10 of them) has a total of $0 in projected space.  You cannot be under the cap and be in LTIR at the same time.

 

The reason I say it's ideal to avoid LTIR for as long as possible is simply to preserve as much banked cap space as possible.  The Habs will need a lot of it at the end of the year to cover the bonuses while it'd also be nice to have some for any trades/recalls/other pickups.  Inevitably, it may happen if someone else goes down; if so, the goal then will be to get back out of it as soon as possible.


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#11 dlbalr

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Posted 21 October 2013 - 05:12 PM

I don't remember if you actually wrote one, but an article on the main Website about the Salary Cap / CBA  would be GOLD !

 

I did a CBA one shortly after the lockout ended. http://www.habsworld...cle.php?id=2968

 

Also, Beaulieu has now been recalled.  Unless something happens in the coming hours (the recall won't take effect until tomorrow), the Habs will be in LTIR.


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#12 dlbalr

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Posted 22 October 2013 - 12:06 PM

Just one question about LTIR: if it turns out Briere is gone long term (let's say done until spring for whatever reason), would the Habs then put him on LTIR?  I always thought that LTIR freed up the capspace of the injured player, but you said if you use it then you have $0 in capspace (but maybe that's just for the very end of the year).

 

They could (it'd depend on who else is on at that time and how much they plan to go over the cap - if it's just to call up Dumont or something like that, they may not need to).  In its most simplistic terms, LTIR does free up the cap space of the injured player.  In reality, it only frees up the cap space of the injured player less any cap savings to that point (that's why the 'banked total' gets amortized).  Worth noting is that the injured player - in this case, Briere - will still count in full against the cap, it's just that the Habs would be allowed to spend over the cap during his absence.

 

A team that ends the year on LTIR will have $0 in cap space.  A team that uses it but doesn't finish with it (the player comes back before the end of the year), cap space can start accruing again (since the team has to be under the cap before activating a player off LTIR).

 

For those who want to subject themselves to reading about LTIR, here's a place to start: http://www.capgeek.c...serve-LTIR-work


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#13 dlbalr

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Posted 17 November 2013 - 08:07 PM

Here's a question Brian, Markov is 34 now but on dec 20 he will be 35, so if we sign him or extend him prior to Dec 20 how does the over 35 rule apply?

 

It applies no matter what with Markov.  The calculation is on June 30th of the season that the contract begins.  In Markov's case, that will be June 30, 2014.


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#14 dlbalr

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Posted 16 January 2014 - 01:56 PM

One thing I've been trying to figure out is the rules pertaining to AHL demotions prior to the Olympic break.  A way to try to save some cap space (and get Bournival some playing time) would be to send him down during the break.  From what I've gathered, that is not going to be possible...sort of.  Here's a summary of the demotion rules that will soon come into play:

 

- Anyone that needs waivers would still need waivers to go down during the break (let's get the easy one out of the way)

 

- Waiver exempt players (Bournival and Gallagher) who have been on an NHL roster for 87 days or more prior to January 24th are entitled to an Olympic break if they are assigned any time after the 24th (5 PM EST) through to February 9th at 5 PM (one day after the Habs' final game).  In other words, they are not eligible to play.  However, they would collect their AHL pay instead of their NHL pay during this time.  If they aren't assigned by the 9th at 5, they cannot be sent down for the duration of the break.

 

- If a waiver exempt player (let's just use Bournival since this wouldn't happen with Gallagher) with 87 NHL days gets sent down prior to the 24th at 5 PM EST, he is eligible to play in Hamilton...unless (yay, exceptions to the rule...) Bournival is to play 16 of the Habs' final 20 games before the break.  We're 8 games into that stretch, he has played 7 of those.

 

- If Bournival gets sent down after 5 PM on the 24th and before the Habs' last game before the break , he is eligible to play for Hamilton in the time period between the date of demotion and the beginning of the break.

 

- If anyone with less than 87 NHL days gets recalled before Jan. 24th (Beaulieu), they can be sent down and be eligible to play during the Games as long as they're demoted before February 9th at 5 PM EST. 

 

Long story short...

 

Bournival can be assigned to Hamilton during the Olympic break to save cap space up until February 9th at 5 PM EST.  However, he will not be eligible to play for the Bulldogs during the Olympics unless sent before January 24th.  The financial savings on the cap if they send him down for the break would be a bit over $57,000.

 

Original source: http://www.syracuse....on_rules_d.html


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#15 dlbalr

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Posted 03 March 2014 - 04:53 PM

What happens after the deadline in terms of the call ups on the expanded roster? How much does the expanded roster effect the cap, or does it?

 

After the deadline, there is no limit to a roster size, teams don't have to send players down when activating someone from IR.  Instead of there being 23 on the active roster, there will probably be a couple more.  That said, there is a limit of four non-emergency recalls that a team can use between the trade deadline and the completion of their farm teams' season.  (So in Hamilton's case, the end of the regular season as I think playoffs are approaching pipe dream status despite them winning lately.) 

 

As for the cap effects, the Habs have to stay under the cap at all times, that doesn't change from now.  Post-deadline callups do count against the cap though (unless it's a postseason recall).


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#16 dlbalr

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Posted 02 June 2014 - 07:55 PM

If you've read my articles over the past little while, you've likely seen some mention of the term 'slide rule.'  Basically, it applies to players who are under the age of 20 and don't play more than 9 NHL games in a given season.  Those players see their contracts 'slide' a year while their cap hit and other compensation (NHL and AHL salaries plus performance bonuses) are bumped back a year as well.  The simplest way to describe the calculation is that the cap hit for the full contract is reduced by the average annual signing bonus divided by three (years of the contract).  Here are the prospects that the slide rule affected this year:

 

Michael McCarron: Cap hit drops by $30,833

Zach Fucale: Cap hit drops by $30,833

Tim Bozon: Cap hit drops by $28,333

Charles Hudon: Cap hit drops by $25,000

 

Despite all being under contract this season in Year 1 of their 3 year ELC's, each player still has 3 years left on said contract.

 

Both McCarron and Fucale are eligible for another slide next year as well as is Jacob de la Rose who signed recently. 

 

These have all been revised on the contract page.  I haven't rolled it over to next year yet as now I have to focus on writing (likely 10 or so articles over the next 2-3 weeks) leaving too little time to fix up that page.  I'll get to rolling it over sometime before free agency hopefully.


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#17 Jeff Price (no relation)

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Posted 05 September 2014 - 10:04 AM

So, there's a fair amount of sentiment among Habs-detractors (read: Leafs and Bruins fans) that Montreal's in salary trouble for 2015-2016, with a bunch of entry level contracts coming to an end.

 

I've been looking it over, I don't think there's any reason to worry. MB knows what he's doing here.

 

Let's take a look:

 

After this season, Montreal will have $58,000,000 in cap-salary used, with 15 players under contract.

 

RFAs: Galchenyuk, Gallagher, Tinordi, Beaulieu, Bournival.

UFAs: Weaver, Malhotra

 

Expect the salary cap to rise to between 72 and 74 million, meaning the Habs should have 14-16 million dollars to work with.

 

Weaver and Malhotra are not in their plans after this year. That means they've got right around 3 million dollars per player available here.

 

Of the RFAs, every single one of them will get less than 3 million - remember, even Subban only got 2.9 million on his bridge deal, and not one of these guys is PK Subban. Expect the average salary for the five of them to be about 2 million, unless one of them has a major breakout year, and then it's a problem I'll gladly take. That will leave us with 3-5 million in available cap space to add a player.

 

It might be tight, but I think we're okay.


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#18 DON

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Posted 05 September 2014 - 10:14 AM

Way too far away to worry about, with no big UFAs coming due and who knows how this year plays out and if Rene gets the boot or any big trades are made.


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#19 KoRP

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Posted 05 September 2014 - 10:41 AM

Excellent post Jeff, and you're right, it's not looking too bad, with pieces in place from within the team's depth/prospects/drafting, and looking like the money will be there for them.

 

I think Bergevin has a great long term outlook to make the Habs a top team for years to come. Makes one realize how important raising your own prospects, and drafting really is, in this salary cap, young player's era of the NHL....


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#20 dlbalr

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Posted 05 September 2014 - 10:56 AM

So, there's a fair amount of sentiment among Habs-detractors (read: Leafs and Bruins fans) that Montreal's in salary trouble for 2015-2016, with a bunch of entry level contracts coming to an end.

 

I've been looking it over, I don't think there's any reason to worry. MB knows what he's doing here.

 

Let's take a look:

 

After this season, Montreal will have $58,000,000 in cap-salary used, with 15 players under contract.

 

RFAs: Galchenyuk, Gallagher, Tinordi, Beaulieu, Bournival.

UFAs: Weaver, Malhotra

 

Expect the salary cap to rise to between 72 and 74 million, meaning the Habs should have 14-16 million dollars to work with.

 

Weaver and Malhotra are not in their plans after this year. That means they've got right around 3 million dollars per player available here.

 

Of the RFAs, every single one of them will get less than 3 million - remember, even Subban only got 2.9 million on his bridge deal, and not one of these guys is PK Subban. Expect the average salary for the five of them to be about 2 million, unless one of them has a major breakout year, and then it's a problem I'll gladly take. That will leave us with 3-5 million in available cap space to add a player.

 

It might be tight, but I think we're okay.

 

I agree with the premise (I wrote about this a couple of months back) but I disagree on a couple of points:

 

- Don't expect there to be a huge jump in the cap.  Part of the new TV money was already included in HRR to boost the cap this offseason while there will be fewer big-money outdoor games.  Even if the All-Star Game offsets that, there won't be a gain in that area.  The final four in the playoffs also proved to be a boon for the cap as they were all markets with exceptionally high ticket prices.  Some estimated that the extra playoff ticket revenues provided up to a $1 M boost in the cap for this season.  There's no guarantee now that teams with top ticket prices will get that deep again.

 

- Expect a $3M+ bridge for Gallagher and perhaps Galchenyuk as long as both have similar seasons to the last two.  We're seeing a lot of players in their soon-to-be-situation (RFA with no arbitration rights) holding out to try to get better deals.  That, coupled with the fact that contracts are higher now than they were when Subban's was signed, suggest that $3M + isn't unrealistic.  The Habs also used the lockout-shortened season to their advantage in Subban's deal, that won't be available to them to artificially deflate the cap hit for Gallagher/Galchenyuk as they did with him.

 

They should at least be able to keep the core together as you noted and that's what's most important.


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#21 Jeff Price (no relation)

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Posted 05 September 2014 - 12:03 PM

I could see a 3 million dollar bridge deal if they get much better this year.

 

They looked solid enough when they were brought up last year as rookies, I was surprised they stayed with the team. Their sophmore year saw both players regress some from their 2012-2013 numbers.  Now, Gallagher was still an outstanding contributor to the team, but 41 points in 81 games is a far cry from 28 points in 44 games. Galchenyuk actually regressed further, barely outperforming the previous year's totals despite playing 17 more games. Then his injury cut his season short.

 

I still think they're outstanding young prospects, but Galchenyuk needs to boost those numbers into the 50 point range this year if he's going to be worth 3 million a season.  Gallagher brings something different to the table...I think he's already close to his career potential of a 45-50 point second line pest, and to be fair, Galchenyuk is a couple years younger, but after 2 years in the league we shouldn't be paying based on potential, anymore. Year 3 is about "What did you do for us last year?"  If they want their payouts, they will need to play like a 3 million dollar a year RFA in 2014/2015.

 

(For the record, we're grossly overpaying for Eller. You simply don't give 3.5 million to an offensive forward with no defensive side, who's averaged less than 30 points a season with no sign of improvement. Hell, Tom Gilbert averages more points per game as a defenseman, and we got him as a UFA for 2.8 Million a year.)


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#22 DON

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Posted 06 October 2014 - 09:45 AM

Capgeek shows Habs as 17th ranked in team salary, seems a good spot to be starting season, if things happen to go sideways (several key injuries) and need to wheel and deal.


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#23 dlbalr

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Posted 08 October 2014 - 03:19 PM

A new season means new links (and a thread cleanup - the recent NYI discussion was moved to the NHL Offseason Thread).  The capsheet is now available (let me know if something doesn't look quite right) while I posted a new a waiver table yesterday afternoon.  Links are below.

 

2014-15 Cap Calculations
Waiver Situation


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#24 dlbalr

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Posted 11 November 2014 - 11:14 AM

As many may be pondering Bourque trades with salary retention now, it's worth pointing out that salary and cap hit retention are percentage based.  For example, if the Habs held back $1 M of Bourque's $2.5 M salary (40%), the corresponding cap hit would not be $1 M.  Instead, the cap hit would be $1,333,333.33 (40%).


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#25 habs rule

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Posted 11 November 2014 - 12:02 PM

As many may be pondering Bourque trades with salary retention now, it's worth pointing out that salary and cap hit retention are percentage based.  For example, if the Habs held back $1 M of Bourque's $2.5 M salary (40%), the corresponding cap hit would not be $1 M.  Instead, the cap hit would be $1,333,333.33 (40%).

So the 40% hold back is on the cap hit not the actual salary, would that be correct? So a team trading for dourque would be looking at 3.3 mill minus (amount paid this season) minus 1.3 million? That don't leave a lot of cap hit. Surely there is a gm out there willing to risk that kind of dough. With my very rudimentary math skills. they would be taking on 1.3 to 1.5 million? That is a swag by the way. Stupid wild ass guess.


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